KARACHI: The Union of Small and Medium Enterprises (Unisame) has invited the attention of the State Bank of Pakistan (SBP) towards the reluctance of the importers to import raw materials and essential goods, despite the lifting of the import ban on raw materials and essential goods, a statement said on Friday. Unisame President Zulfikar Thaver … Read more
The Oil and Gas Regulatory Authority (Ogra) has advised that the government impose uniform taxes on the local LPG producers and fuel importers. Ogra cited significant favours being granted to liquefied petroleum gas (LPG) importers as a result of tax discrepancy. The burden on the foreign exchange reserves has increased as a result of LPG … Read more
KARACHI: The Finance Supplementary Act, 2022 imposes several taxation measures on the automobile sector, which prompted the local car assemblers and importers to significantly increase the prices. Dealers of old and used cars said surge in new car prices directly impacted the secondary market. Though there are no authentic numbers, dealers estimate at least Rs25,000 … Read more
KARACHI: An automobile association has urged the Karachi Chamber of Commerce and Industry (KCCI) to support their demand of rationalising the duty structure on auto parts, a statement said on Tuesday. A delegation of the Pakistan Automobile Spare Parts Importers and Dealers Association (Paspida) visited the KCCI and sought Karachi chamber’s support for the rationalisation … Read more
KARACHI: A strict lockdown imposed by the Sindh government may discourage import payments and ease pressure on the rupee. The Sindh government imposed a stringent lockdown to prevent the spread of the coronavirus from July 31, 2021. The restrictions may partially halt commercial and industrial activities in the province, especially in the port city of … Read more
